Construction & Real Estate

Modon awards $272m construction contract for Reem Island project

ABU DHABI
Modon awards $272m construction contract for Reem Island project

Leading Abu Dhabi developer Modon has awarded the contract for execution of the Maysan project on Reem Island to Trojan Construction Group, with a total value of AED1 billion ($272 million).

The contract is for construction of two modern and fully integrated residential communities within Maysan, ‘Mayar’ and ‘Thoraya’, supporting Modon’s commitment to delivering long-term sustainable value and meeting the highest international standards.

The first district, Mayar, consists of 60 townhouses and 132 stacked maisonettes – a new concept in Abu Dhabi – nestled within a secure, gated community. 

The second district, Thoraya, features 184 architecturally stunning townhouses, guarded by a private entrance that ensures both exclusivity and security. 

When complete, the project will benefit from seamless access to the beach, landscaped parks, and a vibrant community centre.-TradeArabia News Service 

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